Volvo Construction Equipment-Company profile, Business Overview, Financial Performance, Operating Segments, Strategic Moves, and Competitive Intelligence Report

Construction equipment, also known as heavy equipment, are specially designed machinery for performing construction operations. These equipment are used for different functions such as drilling, hauling, excavating, paving and grading. The global construction equipment market covers different industries including manufacturing, oil and gas, forestry, military and public works. The global construction equipment market is expected to exhibit steady growth in the forecast period 2015-2020. Growing industrial activities and swift residential & commercial development along with increased investment of government in the infrastructure sector, will lead to an overall rise of the global construction equipment market.